Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Leuven Connected from Leuven, company number BE0795108505, closed financial year 2025 with a result of € -909,769 after tax. For that financial year Leuven Connected recorded a gross margin of € 682,973 and equity of € 5.2 million. Compared with financial year 2024, the result moved from € -3 million to € -909,769. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 12, 2026.
€ 5.2 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -909,769
▲ 69 % less loss than in 2024
Profit after tax over the fiscal year.
€ 466,573
▲ 210% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5 million.
People and assets in 2025
1.1
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 125,535
▲ 27% vs 2024
€ 114,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,205
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 33.4 million
▲ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 260,808
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 189,850
▲ € 172,635 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 1,654,112 | € 386,051 | € 682,973 | ▲ 77% |
| Profit after taxes | € -1,089,742 | € -2,961,419 | € -909,769 | ▲ € 2.1 million |
| Equity | € 8,910,258 | € 5,948,840 | € 5,239,070 | ▼ 12% |
| Total debts | € 30,883,954 | € 31,856,804 | € 33,820,338 | ▲ 6% |
| Cash | € 725,385 | € 150,618 | € 466,573 | ▲ 210% |
| Land & buildings | € 8,760,500 | € 16,721,016 | € 16,246,646 | ▼ 3% |
| Retained profit | € -1,089,742 | € -4,051,160 | € -4,960,930 | ▼ € 909,769 |
| Bank debt | € 30,835,123 | € 31,600,000 | € 33,364,479 | ▲ 6% |
| Balance sheet total | € 39,794,212 | € 37,805,643 | € 39,059,408 | ▲ 3% |
| Employees (FTE) | - | 0.8 | 1.1 | ▲ 0.3 |
Key figures of Leuven Connected, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Leuven Connected?
What happened at Leuven Connected in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Steven Adons stepped down as director. NBB
- Gert Trekels stepped down as director. NBB
- Patricia Schoolmeesters stepped down as director. NBB
- Lalynn Wadera stepped down as director. NBB
- Paul Van Dun stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 909,769. Source: NBB ↗
- New establishment in Leuven. KBO
- Steven Adons became a director. NBB
In short
From € 1.1 million loss in 2023 to € 909,769 loss in 2025.
On average € 620,900 of value added per employee in 2025.
A new publication or filing at Leuven Connected? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Stad Leuven (35%), Katholieke Universiteit te Leuven (35%) and Participatiemaatschappij Vlaanderen (30%).
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Gert Trekels
Director
since 2022 · until 2028
Patricia Schoolmeesters
Director
since 2022 · until 2028
since 2022 · until 2028
Paul Van Dun
Director
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Professor Van Overstraetenplein 1
3000 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →Stad Leuven same network
€ 2,880 revenue · 2023
Leuvenement
€ 330,115 revenue · 2024
Stedelijk Jeugdwerk Leuven
€ 1.4 million gross margin · 2025
30CC
€ 2.1 million revenue · 2025
Tofsport
€ -41,346 gross margin · 2025
+16 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0795.108.505
- VAT number
- BE 0795.108.505
- Registered office
- Professor Van Overstraetenplein 1, 3000 Leuven
- Names & denominations
- Leuven Connected
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2022
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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